BEP totals for August 2010 are here:
http://www.bep.treas.gov/images/MPR_August2010.pdf
$1 = 115.2 M
$2 = none
$5 = none
$10 = none
$20 = 166.4 M
$50 = none
$100 = 166.4 M
Average value per note = $46.73
Most one dollar bills since January.
Seventeenth consecutive month without $10 or $50 notes.
Wednesday, October 6, 2010
Mint >> September 2010
Mint production totals for Jan-Sep 2010:
1cent: 3.18523 B
5cents: 330.24 M
10cents: 855.5 M
25cents: 278.2 M
50cents: 3.5 M
1dollar: 378.56 M (including 75.04 M Native American dollars)
Isolating the September 2010 data:
1cent: 427.6 M
5cents: 84.72 M
10cents: 130.5 M
25cents: 10.8 M
50 cents: none
1dollar: 36.4 M (all Presidents)
WHERE ARE THE QUARTERS?!?
1cent: 3.18523 B
5cents: 330.24 M
10cents: 855.5 M
25cents: 278.2 M
50cents: 3.5 M
1dollar: 378.56 M (including 75.04 M Native American dollars)
Isolating the September 2010 data:
1cent: 427.6 M
5cents: 84.72 M
10cents: 130.5 M
25cents: 10.8 M
50 cents: none
1dollar: 36.4 M (all Presidents)
WHERE ARE THE QUARTERS?!?
Mint >> August 2010
Mintages for Jan-August 2010 are released:
1cent = 2.75763 B
5cents = 245.52 M
10cents = 725.0 M
25cents = 267.4 M
50cents = 3.5 M
1dollar = 342.16 M (including 75.04 M native dollars)
Isolating the August 2010 numbers:
1cent = 450.8 M
5cents = 53.28 M
10cents = 139.0 M
25cents = 58.0 M
50cents = none
1dollar = 42.7 M (all Presidents)
July's production levels were maintained in August. Cents, nickels, and dimes are continuing at production levels higher than the early part of the year, though not as strong as their peak in June. This is also true for the mint output overall. Quarters and dollars gained a little bit in August.
Where are the quarters? Quarters are the workhorse of US coinage, with high demand and interest. Yet, 2009 and estimated 2010 quarter mintages combined are less than half of the lowest of the state quarter yearly mintages (2003). I am very surprised that quarter mintages have not yet returned to 1-billion-plus mintages, and it looks like 2011 won't be that year either. The country is still awash in state quarters, based on what I see in my change.
My predictions for 2010 final mintages: 4 billion cents, 375 million nickels, 1 billion dimes, 4 billion quarters, and 500 million dollars... 6.5 billion coins total. This is an 80% gain over 2009, but still only 65% of 2008's mintages.
1cent = 2.75763 B
5cents = 245.52 M
10cents = 725.0 M
25cents = 267.4 M
50cents = 3.5 M
1dollar = 342.16 M (including 75.04 M native dollars)
Isolating the August 2010 numbers:
1cent = 450.8 M
5cents = 53.28 M
10cents = 139.0 M
25cents = 58.0 M
50cents = none
1dollar = 42.7 M (all Presidents)
July's production levels were maintained in August. Cents, nickels, and dimes are continuing at production levels higher than the early part of the year, though not as strong as their peak in June. This is also true for the mint output overall. Quarters and dollars gained a little bit in August.
Where are the quarters? Quarters are the workhorse of US coinage, with high demand and interest. Yet, 2009 and estimated 2010 quarter mintages combined are less than half of the lowest of the state quarter yearly mintages (2003). I am very surprised that quarter mintages have not yet returned to 1-billion-plus mintages, and it looks like 2011 won't be that year either. The country is still awash in state quarters, based on what I see in my change.
My predictions for 2010 final mintages: 4 billion cents, 375 million nickels, 1 billion dimes, 4 billion quarters, and 500 million dollars... 6.5 billion coins total. This is an 80% gain over 2009, but still only 65% of 2008's mintages.
BEP >> July 2010
BEP production for July 2010:
$1 = 89.6 M
$2 = none
$5 = none
$10 = none
$20 = 179.2 M
$50 = none
$100 = 169.6 M
Average value per note: $47.07
Sixteenth consecutive month without $10 or $50 bills.
$1 = 89.6 M
$2 = none
$5 = none
$10 = none
$20 = 179.2 M
$50 = none
$100 = 169.6 M
Average value per note: $47.07
Sixteenth consecutive month without $10 or $50 bills.
Mint >> July 2010
Mintages for Jan-July 2010 are released:
1cent = 2.30683 B
5cents = 192.24 M
10cents = 586.0 M
25cents = 209.4 M
50cents = 3.5 M
1dollar = 299.46 M (including 75.04 M native dollars)
Isolating the July 2010 numbers:
1cent = 455.6 M
5cents = 79.92 M
10cents = 180.0 M
25cents = 32.2 M
50cents = none
1dollar = 24.36 M (all Presidents)
Most dimes in a month since August 2007!
Where are all the quarters? Dime mintages have recovered, but not quarters. Even nickels have been outpacing quarters in June and July. Are people dumping lots of state quarters back into the system?
Total 2010 mintages have now passed the 2009 annual total.
1cent = 2.30683 B
5cents = 192.24 M
10cents = 586.0 M
25cents = 209.4 M
50cents = 3.5 M
1dollar = 299.46 M (including 75.04 M native dollars)
Isolating the July 2010 numbers:
1cent = 455.6 M
5cents = 79.92 M
10cents = 180.0 M
25cents = 32.2 M
50cents = none
1dollar = 24.36 M (all Presidents)
Most dimes in a month since August 2007!
Where are all the quarters? Dime mintages have recovered, but not quarters. Even nickels have been outpacing quarters in June and July. Are people dumping lots of state quarters back into the system?
Total 2010 mintages have now passed the 2009 annual total.
BEP >> June 2010
BEP production for June 2010:
$1 = 96.0 M
$2 = none
$5 = 96.0 M
$10 = none
$20 = 172.8 M
$50 = none
$100 = 179.2 M
Average value per note: $40.35
Fifteenth consecutive month without $10 or $50 bills.
$1 = 96.0 M
$2 = none
$5 = 96.0 M
$10 = none
$20 = 172.8 M
$50 = none
$100 = 179.2 M
Average value per note: $40.35
Fifteenth consecutive month without $10 or $50 bills.
Mint >> June 2010
Mint production for Jan-Mune 2010:
1cent = 1.85123 B
5cents = 112.32 M
10cents = 406.0 M
25cents = 177.2 M
50cents = 3.5 M
1dollar = 275.1 M (including 75.04 million Native dollars)
Isolating the June totals alone:
1cent = 585.2 M
5cents = 83.04 M
10cents = 146.5 M
25cents = 53.8 M
50cents = none
1dollar = 50.4 M (49 million Presidents, 1.4 million Natives)
Most cents in a month since September 2008.
Most nickels in a month since August 2007!
Most dimes in a month since October 2008.
Most quarters in a month since August 2009.
Largest total mintage output in a month since November 2008.
I find it odd that quarters, one of the most commonly seen and used coins in everyday transactions, has the lowest mintage level of the four smallest denomination coins.
1cent = 1.85123 B
5cents = 112.32 M
10cents = 406.0 M
25cents = 177.2 M
50cents = 3.5 M
1dollar = 275.1 M (including 75.04 million Native dollars)
Isolating the June totals alone:
1cent = 585.2 M
5cents = 83.04 M
10cents = 146.5 M
25cents = 53.8 M
50cents = none
1dollar = 50.4 M (49 million Presidents, 1.4 million Natives)
Most cents in a month since September 2008.
Most nickels in a month since August 2007!
Most dimes in a month since October 2008.
Most quarters in a month since August 2009.
Largest total mintage output in a month since November 2008.
I find it odd that quarters, one of the most commonly seen and used coins in everyday transactions, has the lowest mintage level of the four smallest denomination coins.
BEP >> May 2010
BEP production for May 2010:
$1 = 89.6 M
$2 = none
$5 = 96.0 M
$10 = none
$20 = 160.0 M
$50 = none
$100 = 204.8 M
Average value per note: $44.06
Fourteenth consecutive month without $10 or $50 bills.
Most $100 bills since November 2009.
The effects of a heavy recession are reflecting in the FY2010 production figures. Small value bills and low usage bills aren't wearing out or being replaced, while large value bills are being heavily printed. The last four months have been the lowest production months for $1 bills in the last eight years. Bills with lower usage in circulation, like $5s , $10s and $50s, are not wearing out from use, so there is little demand for new replacement notes. Large bills like $20s and $100s have been heavily reprinted, reflecting higher demand for them both at home and abroad. Perhaps it's foreign demand for reserve greenbacks. Perhaps it's the fallback to cash now that credit card usage is down. Perhaps it's just good old inflation.
$1 = 89.6 M
$2 = none
$5 = 96.0 M
$10 = none
$20 = 160.0 M
$50 = none
$100 = 204.8 M
Average value per note: $44.06
Fourteenth consecutive month without $10 or $50 bills.
Most $100 bills since November 2009.
The effects of a heavy recession are reflecting in the FY2010 production figures. Small value bills and low usage bills aren't wearing out or being replaced, while large value bills are being heavily printed. The last four months have been the lowest production months for $1 bills in the last eight years. Bills with lower usage in circulation, like $5s , $10s and $50s, are not wearing out from use, so there is little demand for new replacement notes. Large bills like $20s and $100s have been heavily reprinted, reflecting higher demand for them both at home and abroad. Perhaps it's foreign demand for reserve greenbacks. Perhaps it's the fallback to cash now that credit card usage is down. Perhaps it's just good old inflation.
BEP >> April 2010
BEP production for April 2010:
$1 = 96.0 M
$2 = none
$5 = 96.0 M
$10 = none
$20 = 140.8 M
$50 = none
$100 = 176.0 M
Average value per note: $41.26
First three-month streak of $5 bills since early 2008.
Thirteenth consecutive month without $10 or $50 bills.
Fewest $20 bills since November 2009.
Most $100 bills since November 2009.
$1 = 96.0 M
$2 = none
$5 = 96.0 M
$10 = none
$20 = 140.8 M
$50 = none
$100 = 176.0 M
Average value per note: $41.26
First three-month streak of $5 bills since early 2008.
Thirteenth consecutive month without $10 or $50 bills.
Fewest $20 bills since November 2009.
Most $100 bills since November 2009.
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